Financial Performance - The group's revenue for the six months ended September 30, 2025, was approximately HKD 112.6 million, a decrease of 42.4% compared to HKD 195.7 million for the same period in 2024[2] - The profit attributable to the company's owners for the period was approximately HKD 0.7 million, a significant improvement from a loss of HKD 3.4 million in the previous year[2] - Basic and diluted earnings per share for the period were approximately HKD 0.01, compared to a loss of HKD 0.06 per share in the same period last year[4] - The group's gross profit for the six months was HKD 30.1 million, down 28.8% from HKD 42.2 million in the prior year[3] - The group reported a total comprehensive income of HKD 520, recovering from a loss of HKD 3.6 million in the same period last year[4] - The company reported a net loss of HKD (3,396,000) for the six months, compared to a net loss of HKD (3,557,000) in 2024[7] - The company reported a net profit of HKD 664,000 for the six months ended September 30, 2025, compared to a net loss of HKD 3,557,000 for the same period in 2024[19][30] Revenue Breakdown - The revenue from foundation and building construction services was HKD 92,041,000, a decline of 41.2% compared to HKD 156,589,000 in 2024[14] - The digital asset trading revenue was approximately HKD 18.8 million, a decrease of about 47.6% from HKD 35.9 million year-on-year[52] - The group's trust and custody service revenue was approximately HKD 0.4 million, a decrease of about 77.8% from HKD 1.8 million in the same period last year[54] - The gross profit from digital asset-related businesses was approximately HKD 12.3 million, down about 56.7% from HKD 28.4 million year-on-year, with a gross margin of approximately 64.0%[56] - The foundation and building construction segment generated revenue of approximately HKD 92.4 million, a decrease of about 41.1% from HKD 157.0 million in the same period last year[48] Expenses and Costs - Administrative and other expenses decreased to HKD 33.4 million from HKD 50.2 million, reflecting a reduction of 33.4%[3] - The company’s employee costs, including directors' remuneration, increased to HKD 45,739,000 for the six months ended September 30, 2025, from HKD 38,120,000 in the same period of 2024, representing an increase of approximately 20%[27] - The total employee cost for the period reached approximately HKD 46.2 million, compared to HKD 40.5 million for the same period last year[75] Assets and Liabilities - The total assets as of September 30, 2025, were HKD 329.1 million, a decrease of 51.6% from HKD 680.3 million as of March 31, 2025[5] - The total liabilities decreased to HKD 179.4 million from HKD 530.7 million, a reduction of 66.2%[6] - The net current assets as of September 30, 2025, were HKD 128.4 million, compared to HKD 136.9 million as of March 31, 2025[6] - The total assets as of September 30, 2025, amounted to HKD 329,135,000, with allocated segment assets of HKD 314,199,000[21] - The total liabilities as of September 30, 2025, were HKD 179,398,000, with segment liabilities contributing HKD 140,632,000[21] Cash Flow - The net cash used in operating activities for the six months was HKD (13,508,000), a significant decrease from HKD 92,491,000 in the previous year[8] - The net cash generated from investing activities was HKD 11,647,000, compared to a cash outflow of HKD (946,000) in 2024[8] - Cash and cash equivalents decreased to HKD 103,214,000 from HKD 142,057,000 at the end of the previous period[8] - As of September 30, 2025, the group's bank and cash balance was approximately HKD 108.6 million, down from HKD 123.2 million as of March 31, 2025[68] Dividends and Equity - The company did not recommend the payment of any interim dividend for the period, consistent with the previous year[2] - The company had no dividends declared or paid for the six months ended September 30, 2025, consistent with the previous year[33] - The company’s total equity as of September 30, 2025, was HKD 149,737,000, slightly up from HKD 149,617,000 at the beginning of the period[7] Compliance and Governance - The company’s financial statements were prepared in accordance with Hong Kong Financial Reporting Standards, ensuring compliance with applicable disclosure requirements[10] - The mid-term performance announcement has been published on the Hong Kong Stock Exchange website and the company's website[86] - The executive directors include Mr. Ren Yunan and Mr. Zhang Chao, with non-executive and independent directors listed[89] Future Outlook - The group will continue to focus on the development of digital asset-related businesses to create long-term returns for shareholders[74] - The group has no plans for significant investments or capital assets in the future[77] - The group has not made any significant investments or acquisitions during the period[76] - The group has no significant capital commitments as of September 30, 2025[72]
欧科云链(01499) - 2026 - 中期业绩